BSF seizes over Rs 5 lakh withdrawn currency in Chhattisgarh

Image
IANS Raipur
Last Updated : Nov 14 2016 | 9:42 PM IST

The Border Security Force (BSF) on Monday said it seized over Rs 5 lakh "unaccounted" demonetised Rs 500 and 1,000 notes from a person travelling in bus in Chhattisgarh's Kanker district.

A BSF patrol team apprehended the person in the afternoon following the input about shifting of such money to Maharashtra for changing to new denominations.

"We have seized unaccounted cash of more than Rs 5 lakh in demonetised Rs 500 and 1,000 notes. It is suspected that the money was of terror (Maoist) funding and was being carried for change to new denominations," a BSF official said.

The BSF team apprehended the person as he failed to justify the presence of the currency notes recovered from his possession, said the official, adding the operation was carried with the local police.

Police authorities in Gadchiroli district in Maharashtra were later informed of the seizure, the official said.

--IANS

rak/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 14 2016 | 9:30 PM IST

Next Story